MONTRÉAL, QUEBEC--(Marketwired - July 27, 2016) - Sphinx Resources Ltd. ("Sphinx" or the
"Corporation") (TSX VENTURE:SFX) is pleased to announce that Francois Biron has been appointed to the Corporation's Board of
Directors as an independent director. Francois Biron has more than 40 years of experience in operational management. He has
occupied several senior positions at mine sites with well-known and reputable international mining companies. His expertise
includes project evaluation, environmental management and social acceptability for new mining projects which will strengthen the
Corporation. Mr. Biron has been involved as General Manager of the Troilus Division of Inmet Mining Corporation, a gold-copper
mine in Eeyou Istchee James Bay region about 125 km north of Chibougamau, Quebec, with 260 employees, including 65 from the Cree
nation.
The articles of the Corporation require that the Board of Directors must be composed of a maximum of six directors.
Consequently, David Johnson has accepted to step down as a director. The Board and management of the Corporation thank Mr.
Johnson for his dedication and contributions to Sphinx. He will act going forward as a consultant to Sphinx in connection with
governance, legal and business development matters.
About Sphinx
Sphinx is engaged in the generation and acquisition of exploration projects in Québec and Canada which is
recognized as an attractive mining jurisdiction worldwide.
For further information, please consult Sphinx's website.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties
that could cause actual results and activities to vary materially from targeted results and planning. Such risks and
uncertainties include those described in Sphinx's periodic reports including the annual report or in the filings made by Sphinx
from time to time with securities regulatory authorities.